HOD / LOD (High of Day / Low of Day)
The highest and lowest price a pair hits during the current trading day.
HOD and LOD act as intraday liquidity levels. Stops cluster above HOD and below LOD - sweeps are common as new sessions open. PDH/PDL (previous day) are also strong reference levels we watch for continuation or reversal.
Learn to actually use HOD / LOD.
Definitions are the easy part. The free first five modules put this on a real chart and make you do the work. No card required.